NOT LISTED FOR SALE

2068 Cornerstone Dr Lexington, KY 40509

Hamburg Neighborhood
8 Beds
8 Baths
5,000 Sq Ft
9,426 Sq Ft Lot

Sale Details

Date Sold: June 2, 2021

Last sale price $311,000 $62 Per Sq Ft

4 Days on Market

About This Home

As of June 2021

Fully occupied 4 plex-2 bedroom 1.5 baths, brick exterior, large floorplans, all electric and appliances. Tenant pays all utilities except common area lights. One unit has been updated with new flooring in 2018. New exterior door in 2019. New flooring in hallway in 2021. Current gross monthly income is $2500 per month. 48 hour notice to show-Tenant occupied

Last Agent to Sell the Property

S Ann Wesley

Assurance Realty & Property Management License #210283 Listed on: 05/06/2021

Last Buyer's Agent

Ann Wesley

Assurance Realty & Property Management License #210283

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 9,426

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Cooling Available
  • Air Source Heat Pump

Additional Features

  • 2-Story Property
  • 9,426 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 38019650

Community Details

Overview

  • 4 Units
  • Fortune Landing Subdivision

Building Details

  • Electric Expense $246
  • Insurance Expense $2,164
  • Maintenance Expense $1,423
  • Other Expense $525
  • Professional Management Expense $2,379
  • Real Estate Tax Expense $2,712
  • Operating Expense $10,899
  • Gross Income $29,725
  • Net Operating Income $18,836

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

9,426 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Quadruplex
  • Structure Type: Quadruplex
  • Year Built: 2000
  • New Construction: No
  • Roof:Composition: Yes
  • Roof:Shingle: Yes
  • Structure Type:Quadruplex: Yes
  • Lot: Lot Size Acres: 0.2164
  • Lot: Lot Size Square Feet: 9426.0
  • AssociationCommunity: Number Of Buildings: 1.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Cooling: Heat Pump: Yes
  • Building: Stories Total: 2
  • Income and Expenses: Electric Expense: 246.0
  • Income and Expenses: Gross Income: 29725.0
  • Income and Expenses: Insurance Expense: 2164.0
  • Income and Expenses: Maintenance Expense: 1423.0
  • Income and Expenses: Net Operating Income: 18836.0
  • Income and Expenses: Operating Expense: 10899.0
  • Income and Expenses: Other Expense: 525.0
  • Income and Expenses: Professional Management Expense: 2379.0
  • Income and Expenses: Real Estate Taxes: 2712.0
  • AssociationCommunity: Number Of Units Total: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Lot Size Area: 0.22
  • Total Stories: 2

Exterior Features

  • Roof: Composition, Shingle
  • List Price: 275000.0

Garage/Parking

  • Total Parking Spaces: 5.0
  • Parking Information: Parking Total: 5.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Water Connected
  • Heating:Heat Pump2: Yes
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Heating: Electric: Yes
  • Utilities: Water Connected: Yes

Condo/Co-op/Association

  • Professional Management Expense: 2379.0

Fee Information

  • Supplies Expense: 185.0

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9426.0
  • Parcel Number: 38019650
  • Zoning Description: R4

Multi Family

  • Electric Expense: 246.0
  • Gross Income: 29725.0
  • Insurance Expense: 2164.0
  • Maintenance Expense: 1423.0
  • Number of Units Total: 4
  • Operating Expense: 10899.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $311,000 +13.1% $62 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $275,000 -- $55 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    S Ann Wesley

    Assurance Realty & Property Management

  • A

    Buyer's Agent in 2021

    Ann Wesley

    Assurance Realty & Property Management

    (859) 296-4663

    4 Total Sales

    Ann Wesley
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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20108402

ImagineMLS (Bluegrass REALTORS®)
Kentucky Fayette County Lexington 40509 Hamburg

2068 Cornerstone Dr, Lexington, KY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.

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